Kudelski Group and Google Enter Into Patent Cross License Agreement

April 14, 2015 11:50 AM Eastern Daylight Time

CHESEAUX-SUR-LAUSANNE, Switzerland & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--The Kudelski Group (SIX: KUD.S), a leading independent provider of media
protection and value-added service technology, and Google, today
announced they have entered into a multi-year patent cross licensing
agreement.

"The Kudelski Group is focused on developing and licensing technology
and intellectual property to the video market and we are pleased to
license our patent portfolio to Google while also gaining access to
Google patents,” said Joe Chernesky, Senior Vice President of
Intellectual Property and Innovation at the Kudelski Group. “Operating
companies benefit when they respect each other’s intellectual property
rights and cross license their patents in a reasonable and collaborative
manner. This agreement further validates the significant investment both
companies have made and will continue to make in innovation to the
benefit of consumers worldwide.”

“We are pleased to enter into this agreement, which will allow us to
continue to focus on building great products," said Allen Lo, Google's
Deputy General Counsel for Patents. "Google has a portfolio of more than
55,000 patents and applications worldwide and is actively
cross-licensing its patents in support of Google's product ecosystem."

While the specific terms remain confidential, this agreement provides
the companies a patent license for their respective businesses, subject
to certain limitations. Google will make a one-time payment to The
Kudelski Group. With 4,500 patents and patent applications and over 60
years of experience in pioneering innovative technologies, the Kudelski
Group offers a comprehensive intellectual property licensing program
that provides its customers and partners with access to many fundamental
technologies, enabling them to build compelling devices, applications
and services that work seamlessly together.

About the Kudelski Group

The Kudelski Group is listed on the Swiss Stock Exchange (SIX: KUD.S).
It is a world leader in digital security; its technologies are used in a
wide range of services and applications requiring access control and
rights management to secure the revenues of content owners and service
providers for digital television. The Group also offers cyber security
solutions and services focused on helping companies assess risks and
vulnerabilities and protect their data and systems. The Kudelski Group
is also a technology leader in the area of access control and management
of people or vehicles at sites and events. The Kudelski Group holds
thousands of issued and pending patents worldwide and is headquartered
in Cheseaux-sur-Lausanne, Switzerland. For more information, please
visit www.nagra.com.

About Google

Google is a global technology leader focused on improving the ways
people connect with information. Google's innovations in web search and
advertising have made its website a top Internet property and its brand
one of the most recognized in the world. Google's patent portfolio of
more than 55,000 patent assets is ranked as one of the top patent
portfolios in the high-tech industry.